On the basis of Kentucky Dippin dots, Inc. filed for Chapter 11 bankruptcy protection last Thursday.
The company was started by Kurt Jones, a microbiologist, who started the cryogenic encapsulation of ice cream, Dippin dots, and the familiar texture we know today.
Dippin dots began online sales in 2002, and rode a wave of overheated economy United States that almost every business success before the financial collapse in 2008 year.
However, Dippin dots represents a very discretionary product.
Cash-strapped parents who still try to take their kids zoos, fairs and amusement parks during the recession will not hard at all to say "no" to "I want" their children as they pass by stand Dippin dots.
In Chapter 11 bankruptcy allows the company to continue its operations, while he is trying to restructure its debt with its creditors, so don't expect an immediate closure of the Dippin dots stands just yet.
Ultimately, if Dippin dots cannot emerge from its financial difficulties and was forced to close its doors, precipitation can damage the zoos (including the counties of Brevard Zoo), shopping malls, amusement parks and other places who loses rental income, which they currently receive from franchisees who rent office space for their stands.
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